Changzhou NRB Corp
SZSE:002708
Income Statement
Earnings Waterfall
Changzhou NRB Corp
Revenue
|
1.7B
CNY
|
Cost of Revenue
|
-1.6B
CNY
|
Gross Profit
|
102m
CNY
|
Operating Expenses
|
-302.6m
CNY
|
Operating Income
|
-200.5m
CNY
|
Other Expenses
|
48m
CNY
|
Net Income
|
-152.6m
CNY
|
Income Statement
Changzhou NRB Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
581
N/A
|
602
+4%
|
614
+2%
|
630
+3%
|
622
-1%
|
610
-2%
|
593
-3%
|
559
-6%
|
544
-3%
|
527
-3%
|
676
+28%
|
849
+26%
|
1 112
+31%
|
1 324
+19%
|
1 381
+4%
|
1 445
+5%
|
1 461
+1%
|
1 469
+1%
|
1 468
0%
|
1 440
-2%
|
1 355
-6%
|
1 336
-1%
|
1 292
-3%
|
1 268
-2%
|
1 310
+3%
|
1 308
0%
|
1 307
0%
|
1 398
+7%
|
1 434
+3%
|
1 547
+8%
|
1 666
+8%
|
1 616
-3%
|
1 622
+0%
|
1 534
-5%
|
1 390
-9%
|
1 474
+6%
|
1 488
+1%
|
1 487
0%
|
1 648
+11%
|
1 738
+5%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(393)
|
(409)
|
(414)
|
(425)
|
(420)
|
(417)
|
(409)
|
(389)
|
(380)
|
(367)
|
(482)
|
(615)
|
(826)
|
(998)
|
(1 061)
|
(1 124)
|
(1 117)
|
(1 154)
|
(1 152)
|
(1 132)
|
(1 092)
|
(1 093)
|
(1 065)
|
(1 059)
|
(1 068)
|
(1 081)
|
(1 079)
|
(1 134)
|
(1 182)
|
(1 249)
|
(1 374)
|
(1 351)
|
(1 425)
|
(1 412)
|
(1 299)
|
(1 430)
|
(1 484)
|
(1 446)
|
(1 582)
|
(1 636)
|
|
Gross Profit |
188
N/A
|
193
+3%
|
199
+3%
|
205
+3%
|
203
-1%
|
192
-5%
|
184
-4%
|
170
-7%
|
164
-4%
|
160
-2%
|
194
+21%
|
235
+21%
|
286
+22%
|
326
+14%
|
321
-2%
|
321
+0%
|
344
+7%
|
315
-8%
|
316
+0%
|
308
-2%
|
263
-15%
|
243
-8%
|
227
-7%
|
209
-8%
|
242
+16%
|
227
-6%
|
228
+0%
|
264
+16%
|
253
-4%
|
298
+18%
|
291
-2%
|
265
-9%
|
197
-26%
|
123
-38%
|
91
-26%
|
44
-52%
|
4
-91%
|
41
+891%
|
66
+63%
|
102
+54%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(118)
|
(124)
|
(129)
|
(129)
|
(136)
|
(122)
|
(120)
|
(115)
|
(130)
|
(129)
|
(153)
|
(181)
|
(200)
|
(232)
|
(242)
|
(253)
|
(271)
|
(280)
|
(273)
|
(271)
|
(258)
|
(336)
|
(323)
|
(305)
|
(220)
|
(195)
|
(201)
|
(230)
|
(212)
|
(241)
|
(265)
|
(266)
|
(292)
|
(288)
|
(272)
|
(271)
|
(261)
|
(285)
|
(310)
|
(303)
|
|
Selling, General & Administrative |
(99)
|
(122)
|
(125)
|
(124)
|
(113)
|
(119)
|
(117)
|
(114)
|
(102)
|
(111)
|
(135)
|
(161)
|
(140)
|
(228)
|
(241)
|
(238)
|
(199)
|
(237)
|
(226)
|
(225)
|
(180)
|
(193)
|
(170)
|
(162)
|
(162)
|
(149)
|
(160)
|
(169)
|
(153)
|
(175)
|
(191)
|
(204)
|
(206)
|
(223)
|
(203)
|
(201)
|
(172)
|
(177)
|
(189)
|
(174)
|
|
Research & Development |
(19)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
(13)
|
(55)
|
0
|
0
|
(16)
|
(49)
|
(43)
|
(58)
|
(56)
|
(40)
|
(52)
|
(51)
|
(53)
|
(44)
|
(60)
|
(61)
|
(62)
|
(51)
|
(63)
|
(61)
|
(60)
|
(67)
|
(85)
|
(94)
|
(104)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(0)
|
(3)
|
(4)
|
(5)
|
(1)
|
(2)
|
(3)
|
(1)
|
(1)
|
(18)
|
(18)
|
(19)
|
(0)
|
(4)
|
0
|
(2)
|
1
|
(42)
|
(48)
|
(30)
|
4
|
(100)
|
(95)
|
(88)
|
10
|
5
|
10
|
(9)
|
11
|
(6)
|
(12)
|
0
|
13
|
(2)
|
(8)
|
(10)
|
8
|
(24)
|
(28)
|
(25)
|
|
Operating Income |
70
N/A
|
69
-2%
|
70
+2%
|
77
+9%
|
67
-13%
|
71
+6%
|
64
-10%
|
54
-14%
|
33
-39%
|
31
-8%
|
41
+34%
|
54
+32%
|
86
+59%
|
94
+10%
|
80
-16%
|
68
-14%
|
73
+7%
|
36
-51%
|
42
+18%
|
37
-13%
|
4
-88%
|
(93)
N/A
|
(96)
-3%
|
(96)
-1%
|
22
N/A
|
32
+50%
|
27
-15%
|
34
+25%
|
40
+18%
|
57
+42%
|
27
-53%
|
(1)
N/A
|
(95)
-10 283%
|
(166)
-74%
|
(181)
-9%
|
(227)
-26%
|
(257)
-13%
|
(245)
+5%
|
(244)
+0%
|
(201)
+18%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(9)
|
(9)
|
(6)
|
(4)
|
0
|
1
|
2
|
2
|
2
|
1
|
(7)
|
(13)
|
(22)
|
(28)
|
(29)
|
(26)
|
(24)
|
(28)
|
(27)
|
(26)
|
(22)
|
(24)
|
(19)
|
(18)
|
(12)
|
(9)
|
(9)
|
24
|
(15)
|
(16)
|
(17)
|
(52)
|
(15)
|
(19)
|
(18)
|
(17)
|
(12)
|
(17)
|
(21)
|
(28)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(33)
|
0
|
1
|
4
|
(76)
|
4
|
4
|
1
|
1
|
0
|
1
|
0
|
(1)
|
(1)
|
0
|
1
|
(2)
|
5
|
4
|
3
|
1
|
25
|
24
|
24
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
2
|
7
|
6
|
6
|
7
|
4
|
4
|
7
|
7
|
5
|
10
|
15
|
17
|
17
|
11
|
5
|
9
|
8
|
9
|
6
|
3
|
3
|
3
|
4
|
2
|
(1)
|
(0)
|
(0)
|
42
|
54
|
84
|
104
|
31
|
17
|
(13)
|
(32)
|
1
|
13
|
14
|
16
|
|
Pre-Tax Income |
63
N/A
|
67
+7%
|
70
+6%
|
79
+12%
|
73
-7%
|
76
+3%
|
69
-8%
|
63
-9%
|
43
-33%
|
37
-13%
|
44
+18%
|
56
+28%
|
79
+42%
|
83
+5%
|
61
-26%
|
48
-21%
|
24
-50%
|
16
-33%
|
25
+51%
|
20
-18%
|
(91)
N/A
|
(109)
-21%
|
(107)
+2%
|
(110)
-2%
|
12
N/A
|
22
+84%
|
19
-13%
|
58
+197%
|
66
+14%
|
94
+42%
|
95
+1%
|
52
-45%
|
(81)
N/A
|
(163)
-102%
|
(208)
-28%
|
(272)
-31%
|
(267)
+2%
|
(223)
+16%
|
(227)
-2%
|
(189)
+17%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(10)
|
(11)
|
(13)
|
(10)
|
(11)
|
(9)
|
(8)
|
(6)
|
(4)
|
(6)
|
(8)
|
(15)
|
(17)
|
(16)
|
(15)
|
(12)
|
(7)
|
(6)
|
(5)
|
0
|
(1)
|
3
|
1
|
(1)
|
(2)
|
(6)
|
(12)
|
(16)
|
(24)
|
(20)
|
(14)
|
(0)
|
9
|
12
|
14
|
18
|
11
|
12
|
9
|
|
Income from Continuing Operations |
53
|
56
|
60
|
66
|
63
|
65
|
60
|
55
|
37
|
33
|
38
|
48
|
64
|
66
|
45
|
34
|
12
|
9
|
18
|
16
|
(90)
|
(110)
|
(105)
|
(108)
|
12
|
20
|
14
|
46
|
50
|
70
|
75
|
39
|
(81)
|
(154)
|
(196)
|
(258)
|
(249)
|
(213)
|
(215)
|
(179)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
15
|
21
|
26
|
27
|
|
Net Income (Common) |
53
N/A
|
56
+6%
|
60
+6%
|
66
+10%
|
63
-4%
|
65
+3%
|
60
-7%
|
55
-9%
|
37
-34%
|
33
-11%
|
38
+15%
|
48
+29%
|
65
+33%
|
67
+3%
|
45
-32%
|
33
-26%
|
12
-64%
|
9
-25%
|
18
+101%
|
16
-15%
|
(90)
N/A
|
(110)
-22%
|
(105)
+5%
|
(108)
-4%
|
12
N/A
|
20
+75%
|
14
-31%
|
46
+234%
|
50
+9%
|
70
+39%
|
75
+7%
|
39
-48%
|
(81)
N/A
|
(154)
-90%
|
(196)
-27%
|
(253)
-29%
|
(234)
+7%
|
(192)
+18%
|
(189)
+1%
|
(153)
+19%
|
|
EPS (Diluted) |
0.17
N/A
|
0.13
-24%
|
0.16
+23%
|
0.17
+6%
|
0.15
-12%
|
0.15
N/A
|
0.14
-7%
|
0.13
-7%
|
0.09
-31%
|
0.08
-11%
|
0.09
+13%
|
0.05
-44%
|
0.14
+180%
|
0.14
N/A
|
0.09
-36%
|
0.06
-33%
|
0.03
-50%
|
0.02
-33%
|
0.04
+100%
|
0.03
-25%
|
-0.19
N/A
|
-0.24
-26%
|
-0.23
+4%
|
-0.23
N/A
|
0.02
N/A
|
0.04
+100%
|
0.03
-25%
|
0.1
+233%
|
0.11
+10%
|
0.15
+36%
|
0.16
+7%
|
0.08
-50%
|
-0.17
N/A
|
-0.32
-88%
|
-0.41
-28%
|
-0.5
-22%
|
-0.48
+4%
|
-0.39
+19%
|
-0.39
N/A
|
-0.31
+21%
|